John Hancock Preferred Income Fund III (NYSE:HPS) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be paid a dividend of 0.1222 per share on Friday, December 29th. This represents a $1.47 dividend on an annualized basis and a yield of 7.83%. The ex-dividend date is Friday, December 8th.

Shares of John Hancock Preferred Income Fund III (NYSE HPS) traded up $0.18 during mid-day trading on Monday, reaching $18.73. 68,891 shares of the company’s stock were exchanged, compared to its average volume of 65,248. John Hancock Preferred Income Fund III has a 1 year low of $16.99 and a 1 year high of $19.48.

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About John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective.

Dividend History for John Hancock Preferred Income Fund III (NYSE:HPS)

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